The answer is A. Multinational Corporations
LDC. Stands for Less Developed Country.
And by definition, Foreign Direct investment is an investment that came from outside of that country, so option B. and option c. is wrong.
And it is really unlikely that other Less Developed Country manage to make an investment to other poor country
So it leaves option A. as the correct answer
Answer:
The correct answer is letter "A": The trial balance is completed to ensure that debits and credits are equal in the General Ledger.
Explanation:
A Trial Balance is a worksheet listing the debit and credit balances of all the ledger accounts for a company. Under accounting theory, the total of all the debits must equal the total of all the credits. Preparing the trial balance is the first step to closing the books at the end of an accounting period.
Answer:
Value of the account = -$900
Explanation:
Accumulated profits from the short sale = Number of shares x Price per share
= 300 x $50 = $15,000
Commissions that are paid during the short sale = Commission per share x Number of shares
= 0.5 x 300 = $150
The Net proceeds from the short sale = Proceeds – Commissions
= 15000 – 150 = $14,850
Total dividend paid = Number of shares x Dividend per share
= 300 x 3 = $900
Money paid in covering the short sale = Number of shares x Price
= 300 x $49 = $14,700
Commissions paid in covering the short sale = Commission per share x Number of shares
= 0.5 x 300 = $150
Total money paid in covering the short sale
= 14700 + 150 = $14,850
Therefore, Value of the account = Proceeds – Dividend paid – Money paid
= $14,850 - $900 - $14,850 = -$900
Value of the account = -$900